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Arizona Housing Affordability Update October 2022

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The U.S. and Arizona housing markets are in the midst of a sharp correction – the first since the Great Recession. Prices peaked in June and have fallen over 3% through September.

Coffee & Common Sense

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Join us for a panel discussion on Wednesday, December 7th as we discus Common Sense Institute’s latest release on housing affordability.

2022 Ballot Guide

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To help navigate the November ballot, CSI released the 2022 Ballot Guide. The Guide provides voters with fact-based data and analysis on two questions that appear on the Arizona statewide ballot: Proposition 209 and 310.

Inflation in Arizona: November 2022 Update

Inflation in Arizona: November 2022 Update

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Of the 23 urban consumer price indices tracked by the BLS, the Phoenix metro area again had the highest rate of inflation in October, due mostly to pressures from shelter costs.

Arizona Housing Affordability Update October 2022

Arizona Housing Affordability Update October 2022

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The U.S. and Arizona housing markets are in the midst of a sharp correction – the first since the Great Recession. Prices peaked in June and have fallen over 3% through September. Ongoing rising interest rate pressures, a collapse in buyer interest, and lags in the construction and permit approval cycle will likely put continued downward pressure on prices over the next 6-12 months.

Common Sense Institute Arizona Belief Statement

We believe sound fiscal and economic research is essential to uphold Arizona’s economic vitality, future, and individual opportunity. 

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COMMON SENSE INSTITUTE ARIZONA’S MISSION

CSI Arizona’s mission is to examine the fiscal impacts of policies, initiatives, and proposed laws so that residents are educated and informed on issues impacting their lives. Common Sense Institute was founded in 2010 originally as Common Sense Policy Roundtable in Colorado. CSI’s founders were a concerned group of business and community leaders who observed that divisive partisanship was overwhelming policymaking and believed that sound economic analysis could help residents make fact-based and common sense decisions.

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